Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q4 2012 Earnings Presentation
10 slides from Bombardier Inc. Class A's earnings presentation, Feb 21, 2013
Slide 1: Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2012
FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR ENDED DECEMBER 31, 2012 PRESENTATION TO INVESTORS, FINANCIAL ANALYSTS AND MEDIA FEBRUARY 21, 2013
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, our market and strategies, financial position, beliefs, prospects, plans, expectations, antici
Slide 3: Our 2012 Results Are Not Reflective of Our Potential
OUR 2012 RESULTS ARE NOT REFLECTIVE OF OUR POTENTIAL REVENUES EBIT before special items1 of $835 million, or 5.0% of revenues EBIT of $695 million, or 4.1% of revenues $16.8 B Net income of $598 million (EPS of $0.32); adjusted1 net income of $692 million (adjusted1 EPS of $0.38) Free cash flow1 usa
Slide 4: Segmented Results
SEGMENTED RESULTS FOURTH QUARTER ENDED FISCAL YEAR ENDED DECEMBER 31, DECEMBER 31, DECEMBER 31, DECEMBER 31, (in millions of dollars) 2012 2011 1 2012 2011 1 REVENUES AEROSPACE 2,597 2,016 8,628 8,594 TRANSPORTATION 2,158 2,300 8,140 9,753 TOTAL – REVENUES 4,755 4,316 16,768 18,347 EBIT AEROSPACE 89
Slide 5: Financial Results Overview
FINANCIAL RESULTS OVERVIEW FOURTH QUARTER ENDED FISCAL YEAR ENDED (in millions of dollars, except per DECEMBER 31, DECEMBER 31, DECEMBER 31, DECEMBER 31, share amounts) 2012 2011 1 2012 2011 1 REVENUES 4,755 4,316 16,768 18,347 EBIT before special items 2 175 293 835 1,202 Special items 3 163 - 140
Slide 6: Free Cash Flow
FREE CASH FLOW FOURTH QUARTER ENDED FISCAL YEAR ENDED DECEMBER 31, DECEMBER 31, DECEMBER 31, DECEMBER 31, (in millions of dollars) 2012 2011 1 2012 2011 1 AEROSPACE Cash flows from operating 852 442 1,104 867 activities Net additions to PPE & (575) (332) (1,971) (1,320) intangible assets TOTAL AEROS
Slide 7: We Are Proactively Managing Our Liquidity
WE ARE PROACTIVELY MANAGING OUR LIQUIDITY Solid liquidity position No major debt maturities before 2016 Available short-term capital resources Debt Maturity Profile (notional amount) (as at; in billions of dollars) (for calendar years; in millions of dollars; on a pro forma basis) 6.3 New Debt Issue
Slide 8: Outlook
OUTLOOK Aerospace Strong revenue growth from record backlog and new products entering service in 2014 EBIT margin of 6% by 2014, after an anticipated 2% dilutive effect from the entry-into-service of the CSeries Net additions to PP&E and intangible assets to decrease by $500 million in 2014 and by a
Slide 9: These Drivers Will Deliver Long-Term Sustainable Growth
THESE DRIVERS WILL DELIVER LONG-TERM SUSTAINABLE GROWTH A powerful product and services offering as reflected by a record backlog in both groups – combined with innovative new products entering service in the next years Our expanding footprint in pivotal growth markets worldwide A strengthened custo
Slide 10: Non-GAAP Financial Measure
NON-GAAP FINANCIAL MEASURE CAUTION REGARDING A NON-GAAP FINANCIAL MEASURE This presentation is based on reported earnings in accordance with International Financial Reporting Standards (IFRS) and includes measures presented on a pro forma basis to reflect the impact of our January 2013 debt issuance